NNN Lease investment with stabilized national tenants and minimal owner responsibilities. Completely redeveloped in 2010 with new electrical service, plumbing, & HVAC. New roof in 2017 with transferable warranty. One of the best corners in town, great retail/trade area. Neighbors include Hy-Vee/Hy-Vee gas, Walgreens, Hardee’s, Fareway, & Taco Johns. 40 parking spaces. Selling at a 7.5% Cap Rate. Seller intends to 1031 exchange.

Presented By

Brian Rosteck, CCIM

Cell Phone 319-350-8450

Contact Me

Brooke Fitzgerald

Cell Phone 319-899-8045

Contact Me

Property

Subtype
Investment
Area
OT-W (West of I-380)
Lot Size
27,000
Acres
0.62
Year Built
1997
County
Marshall
Zoning
Comm
Gross Tax
$17201
Traffic Count
15001-20000

Building

Total SqFt
7,020

Ceiling Height
  • 11ft-14ft

Floor
  • Concrete Slab

Utilities

Heating/Cooling
  • Central Air
  • Central Heat
  • Gas Heat

Utilities
  • Electric
  • Gas

Power Available
  • 220 Volt

Terms

Terms
  • Cash

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Listing Agent: Brian Rosteck | Office: Skogman Realty Commercial | Data courtesy of Cedar Rapids Association of Realtors MLS